Automotive News has more details on the Lexus LF-C2 and its chances of reaching production:
Bracken says the LF-C2 was “purely a concept” and not slated for production. But according to a person familiar with Lexus’ planning, the brand is considering whether to produce a version of it to sell as the convertible RC — an affordable, sporty stablemate for its newest coupe — or to build a convertible version of the much more exclusive LF-LC concept it showed in 2012 at the Detroit auto show.
A convertible based on the LF-LC would be a halo car that elevates the brand, while the RC version would sell more vehicles. “The question is: Is the brand willing to support two convertibles?” the person said.
The uncertainty of two convertibles in the lineup makes more sense than the earlier rumor that Lexus had to decide between the RC convertible and a three-row crossover — this point is addressed in the Automotive News article:
Lexus dealers say they are eager for an entry in the growing three-row crossover segment, one that could compete with the BMW X5 and Audi Q7. Lexus said the decision over how to replace the IS convertible will not affect its plans for a three-row crossover.
[Source: Automotive News]